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Hydrogen’s Role in a Net-Zero Carbon World:
Energy Initiatives from IHS Markit

A quantitative exploration of hydrogen’s game-changing potential

Multiple policy initiatives in Europe, California and China are driving decarbonization across power, transportation, and natural gas end-use sectors. Hydrogen is a promising option that is receiving increased attention for its potential to shape the future fuel mix.

Hydrogen can be both a zero-carbon energy carrier and storable/dispatchable. In principle, therefore, it offers significant advantages in energy systems where other sources of energy tend to be one, or the other, but not both. Hydrogen can be used across all energy sectors – including power generation, heat, industrial uses and transport.

However, before hydrogen can be considered as a significant contributor to the future fuel mix, a series of practical issues must be addressed. Businesses and investors will need to develop business models that offer the prospect of acceptable returns. To explore hydrogen's global market outlook, IHS Markit has launched several initiatives. 

Current IHS Markit Initiatives

  • European Hydrogen Forum

    In 2018, the European Commission announced the objective of reaching a “net zero-carbon world” for its revised 2050 energy roadmap. If the European Union agrees to adopt this target, there will be no role by midcentury for the combustion of unabated natural gas in EU countries.

  • Hydrogen in the Golden State

    All eyes are on California as it aspires to lead the United States to a low and eventually net-zero carbon future. Multiple policy initiatives are driving decarbonization across the state’s power, transportation, and natural gas end-use sectors.

  • Hydrogen in China – Meeting China’s Energy Challenge

    Hydrogen could provide an alternative to imported natural gas as it can be used in all end-use sectors. This initiative examines technology options for China, including hydrogen from power to gas and gasification technologies.

Participating Organizations

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